Chloride Metals starts commercial production at battery recycling plant in Haldia

Chloride Metals Limited, a material wholly owned subsidiary of Exide Industries Limited ("the Company") has started commercial production at its newly set-up green field manufacturing facility of battery recycling at Haldia, in the state of West Bengal. The said recycling plant is spread over an area of more than 21 acres and is equipped with modern state-of-the-art technology with the help of global engineering firm, Engitec Technologies S.P.A. Italy. The total installed capacity of the plant is 108,000 MT p.a.

With the addition of this new recycling plant, Chloride Metal Limited is now operating with three battery recycling plants, situated in the state of Maharashtra, Karnataka & West Bengal.

Shares of Exide Industries Limited was last trading in BSE at Rs. 154.20 as compared to the previous close of Rs. 154.55. The total number of shares traded during the day was 196792 in over 3596 trades.

The stock hit an intraday high of Rs. 155.65 and intraday low of 153.50. The net turnover during the day was Rs. 30428894.00.

Source : Equity Bulls

Keywords

ExideIndustries INE302A01020 ChlorideMetals CommercialProduction BatteryRecycling Haldia WestBengal